"The US debt markets absorbed the biggest junk bond deal for 18 years on Wednesday in spite of concerns about losses in the subprime mortgage market that have diminished investor appetite for risky debt.
Freeport-McMoRan Copper & Gold priced a $6bn deal to fund its acquisition of Phelps Dodge, a deal that will create the world’s largest publicly traded copper company. "
Thursday, March 15, 2007
Credit marke still in operation.
Freeport prices $6bn bond:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment